Although the shift from external to domestic borrowing can reduce vulnerability to external shocks, it also carries risks from possible over-borrowing or inadequate supervision.

虽然从借外债转向借内债可以增强对外部冲击的抵御能力，但是也带来可能出现过度借债或监管不当的风险。

youdao

The US risks default on its debt if Congress does not raise the borrowing limit before 2 August.

如果国会在8月2日债务到期之前不提高公共债务上限，美国将面临债务违约风险。

youdao

If Wall Street got into trouble by borrowing too much, downplaying risks and living only for the present, the same could be said of much of the rest of the country.

如果华尔街是因为借贷过度，忽视危机，以及安于现状而陷于麻烦之中，那么这些也会在这个国家的其他地方重演。

youdao

Again, that is a problem that lenders have that the company that's borrowing the money has this unfortunate incentive, at least at certain times, to take excessive risks because the debtors will end up bearing the losses.

这便是贷方遇到的又一问题,即借款公司可能会,抱有此种不良动机,至少在特定情况下会过分地追求风险,这样最终蒙受损失的将是债务人

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His Web site shows his portfolio posting wild swings between profits to losses, reflecting the risks of borrowing shares that are sold short: If the shares rise too much during the several months that Middleton typically hangs on, he might have to buy them back at higher prices.

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It added that policymakers need to put in place measures to "closely monitor and control the risks related to borrowing by local entities, especially local government financing vehicles".

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And Mr Rubin acknowledged that more should be done, both in rich and poor countries, to reduce the risks of over-borrowing.

ECONOMIST: Global finance